Canadian Forex brokers

Canada based Forex brokers

Canadians don’t trade Forex?

Unlike in the U.S., Canadian Forex industry doesn’t seem to be overly active. While Canadians are most certainly speculate on financial markets, there are only a few native Canadian Forex brokers representing the industry.

Canadian Forex brokers are not required to register anywhere except for completing a regular business registration for taxation purposes in their own country.

Canadian Forex brokers list:

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Broker Type Country Regulation Minimum deposit Maximum leverage Minimal lot size Deposit method Spreads EUR/USD
Friedberg Direct STP Canada IIROC, CIPF $2000 50 : 1 - Mini account
50 : 1 - Standard account
0.1 - Mini account
1 - Standard account
Bank Wire, Credit Card, Debit Card 0.2 pips - Mini account
0.2 pips - Standard account
OANDA Market Maker United States, Canada NFA, CFTC, FCA, IIROC, MAS $1 50 : 1 - Mini account
50 : 1 - Standard account
1.0E-5 - Mini account
1.0E-5 - Standard account
Bank Wire, Check, Debit Card 1.2 pips - Mini account
1.2 pips - Standard account
Questrade Market Maker Canada IIROC, CIPF $1000 33 : 1 - Mini account
33 : 1 - Standard account
0.1 - Mini account
1 - Standard account
Bank Wire, Check, Stock Certificate, Money Order 1.7 pips - Mini account
1.7 pips - Standard account

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7 Comments

Thank you!

Questrade is 33:1

Thank you!
Indeed, they opened OANDA (Canada) branch.

Oanda is also Canadian broker

Thank you!

Friedberg Direct FXCM has become non-dealing desk with its new low spreads with commissions

Gain Capital-Forex.com can open the Canadian account.